Question: Complete the following balance sheet for the Range Company using the following information: Range Company Balance Sheet As of December 31, 2014 Current Assets: Cash
Complete the following balance sheet for the Range Company using the following information:
| Range Company | ||
| Balance Sheet | ||
| As of December 31, 2014 | ||
| Current Assets: |
|
|
| Cash |
| $55,000 |
| Accounts receivable |
|
|
| Inventory |
|
|
| Fixed assets (net) |
|
|
| Total assets |
| $325,000 |
|
|
|
|
| Accounts payable |
|
|
| Long term debt |
|
|
| Total Liabilities |
|
|
| Stockholder | ||
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